What Is SBA Form 159?

SBA Form 159: What You Need to Know

SBA form 159, the Fee Disclosure and Compensation Agreement, is necessary for reporting the fees being paid during an SBA loan transaction. It is a safety net designed to help prevent lenders from paying fees to other parties at your expense. This form is a binding document that spells out what fees are being charged to whom and to whom those monies are being paid.


Note that previously, there were two versions of this form – one for those taking out a 7(a) loan and another for 504 loan borrowers. In September 2018, these forms were combined into a single document by the Office of Financial Assistance (OFA). The current version of the document can be downloaded here.

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